Markets are trendy, dependent on where you live. Today the repo's are being auctioned off in masses. I contend that within the next couple of months most will become rentals, or to be saved as investments and the balance will be flips, therefore bringing back some of the business. Several things have happened.

Rule of thumb, they got to spend it to make money flow.

The market was glutted with greed by lenders, banks and other unforeseen issues. Those that got in, flipped and got out, faired well the others have had to unload the portfolio or lose the property. We also are coming in to an election year where historically everyone holds their breath, and purse closely. I believe it will be a spotty market in many areas that have had their hay day and to follow the trends, such as Utah and Alabama where people are having to commit to buying a home or markets are attracting people to move to.

Marketing well, holding firm, and it may take a year or more for many markets to pick back up to speed.

As we watched LA after the last earthquake and migration to LV and parts beyond, same for New Orleans, they have to move somewhere. It took a few years for that market to come back and never did come back as it once was. The hay days are over but hoping for some stability in the market to happen soon.

Spreading the truth about flips, remodels and the consequences of liability issues that can follow and how inspections are so valuable to the transaction can market you greatly as well as a great report.